Q40. Which of the following statement(s) about SAATHI scheme is/are correct?
1. Under this initiative, Energy Efficiency Services Limited (EESL) would procure energy efficient Powerlooms, motors and Rapier kits in bulk and provide them to the small and medium Powerloom units
2. 50% of upfront cost would be borne by the small and medium Powerloom units
3. Ministries of Power and Textiles have joined hands under this initiative
Select the correct code:
(c) Only 1 and 3
Ministries of Power and Textiles have joined hands under a new initiative SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries). Under this initiative, Energy Efficiency Services Limited (EESL), a public sector entity under the administrative control of Ministry of Power, would procure energy efficient Powerlooms, motors and Rapier kits in bulk and provide them to the small and medium Powerloom units at no upfront cost.
The SAATHI initiative of the Government will be jointly implemented by EESL and the office of the Textile Commissioner on a pan-India basis. To kick start the implementation, cluster wise demonstration projects and workshops will be organized in key clusters such as Erode, Surat, Ichalkaranji, etc